| What I am, however, is someone who understands the marginal utility of a good laugh, canned or not. |
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| Gold is the monetary metal par excellence because it has constant marginal utility. |
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| By contrast, hoarding of a non-monetary commodity is kept within bounds by declining marginal utility. |
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| There is a diminishing marginal utility of savings to any wealth holder, meaning the more you have, the less you need more. |
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| Only with the use of money is it possible to compare the marginal utility of goods in all alternative employments. |
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| What we can see here is the iron law of diminishing marginal utility, and its cutting edge becomes sharper as incomes rise. |
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| Lastly, the marginal disutility of losses is greater than the marginal utility of variations of the same magnitude in gains. |
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| Often this is intuitive, but it can also be a rational response, as humans generally have a diminishing marginal utility for wealth. |
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| Guys, debating the best way to cook brussels sprouts is of marginal utility. |
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| There is a definite change in a celebrity's marginal utility from an unexpected weight gain or loss. |
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| There are few better illustrations of the law of diminishing marginal utility. If this diagnosis is right, there are simple solutions. |
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| Carlos Torres cites economics and its law of diminishing marginal utility as a guide. |
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| The theory of marginal utility was applied to production as well as to consumption. |
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| Both factors were added to the utility function in a nonlinear way to indicate the diminishing marginal utility. |
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| On the one hand, the demand for the goods item is limited by its decreasing marginal utility. |
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| It links the return on these assets to the expected growth rate of the marginal utility of wealth. |
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| The marginal utility achieved by additional and more complex algorithms for gridlock resolutions also appears insignificant. |
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| Therefore, the marginal utility, or incremental satisfaction they will get from the third, fourth or fifth car, will be lower and lower. |
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| The postulation of high sounding ethical goals can often be of marginal utility. |
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| All central banks' activities are analyzed from the standpoint of their marginal cost and marginal utility, so that only those activities that are deemed necessary are retained. |
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| That is not something to be taken lightly, since the opposite reasoning consists in supposing that the marginal utility of an activity increases, or at least does not diminish, with its duration. |
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| Under efficient bargaining, hours worked are independent of the wage, while the real marginal cost depends on the marginal disutility of worked hours and the marginal utility of consumption. |
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| This is where the marginal disutility of an additional unit of work equals the marginal utility of the income created by this additional unit of work. |
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| E is therefore prepared to work until the marginal utility of the income generated by the last unit of labour is equal to the marginal disutility of that unit of labour. |
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| The maximum number of users in the system will be achievedif the cost to each category of user is as closely as possible equivalent to the average marginal utility of the system to that category of user. |
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| Though the marginal utility of the additional nuclear weapons built in the later Cold War was small, their presence made the idea of nuclear war so unthinkable that it was avoided. |
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| The marginal utility of further escalation is rapidly declining. |
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| For a given quantity of a consumer good, the point on the demand curve indicates the value, or marginal utility, to consumers for that unit. |
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| In a perfectly competitive market, supply and demand equate marginal cost and marginal utility at equilibrium. |
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| When calorie information is present, the marginal utility of calories may change. |
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| As house is also a kind of commodity, it also coincides with the law of diminishing marginal utility. |
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| Just like the supply curves reflect marginal cost curves, demand curves are determined by marginal utility curves. |
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| But based on the theory of marginal utility the ratio of marginal utilities can be calculated as a partial derivative. |
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| The only way to make sense of this problem is to convert goods into the marginal utility per dollar you derive from consuming them. |
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| It has an explanation: diminishing marginal utility. |
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| Technically, this feature does have marginal utility. |
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| Per-page marginal utility, it's true, is unusually high. |
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| Extending our efforts to Syria would be of marginal utility at best. |
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| For the consumer, that point comes where marginal utility of a good, net of price, reaches zero, leaving no net gain from further consumption increases. |
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| A consumer maximizes his utility by distributing his budget among goods in such a way that the marginal utility of any good is equal to the marginal utility of any other good. |
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